TAILIEUCHUNG - Lecture International financial statement analysis: Chapter 1 - CFA Institute

Chapter 1 - Financial statement analysis: An introduction. This chapter describe the roles of financial reporting and financial statement analysis; describe the roles of the key financial statements (statement of financial position, statement of comprehensive income, statement of changes in equity, and statement of cash flows) in evaluating a company’s performance and financial position; describe the importance of financial statement notes and supplementary information—including disclosures of accounting policies, methods and estimates—and management’s commentary; | Chapter 1 Financial Statement Analysis: An Introduction Learning Outcomes Describe the roles of financial reporting and financial statement analysis. Describe the roles of the key financial statements (statement of financial position, statement of comprehensive income, statement of changes in equity, and statement of cash flows) in evaluating a company’s performance and financial position. Describe the importance of financial statement notes and supplementary information—including disclosures of accounting policies, methods and estimates—and management’s commentary. Describe the objective of audits of financial statements, the types of audit reports, and the importance of effective internal controls. Identify and describe information sources that analysts use in financial statement analysis besides annual financial statements and supplementary information. Describe the steps in the financial statement analysis framework. 1 financial reporting and financial statement analysis Copyright © 2013 CFA Institute 2 Financial Reporting Providing financial information about an entity to enable users to make decisions Financial information includes financial statements and other types of reports Financial Statement Analysis Using financial information to assess prior performance and likely future performance to make decisions Typical decision: capital allocation LOS. Describe the roles of financial reporting and financial statement analysis. Financial reporting focuses on external users. Internal users (., managers within a company) can obtain the specific information in the specific format that they need for their specific purposes (budgeting, planning). Examples of types of financial reports other than financial statements: President’s letter and supplementary schedules in the annual report Reports filed with government agencies News releases and management forecasts Social or environmental impact statements Examples of capital allocation decisions: For an equity .

• Tài chính doanh nghiệp
• International financial statement
• Financial statement
• International financial statement analysis
• Financial statement analysis
• Financial reporting
• Supplementary information
• Financial reporting mechanics
• Financial analysis techniques
• Financial reporting quality
• Financial decisions
• Income statements
• Balance sheets
• Cash flow statements
• Inventory valuation methods
• Long lived assets
• Noncurrent liabilities
• Credit quality
• Income taxes
• Postemployment benefit plans
• Intercorporate investments
• Multinational operations
• Evaluating quality
• International trade transactions
• Financial management
• Fundamentals of financial management
• International financial management
• Financial accounting
• International financial reporting standards
• Financial reporting standards
• Stockholders’ equity
• Financial statement auditing
• Audit planning
• Internal control
• Auditing business processes
• Financial statement audit
• Financial environments
• Accounting standards
• Stock exchange
• Joint stock companies
• Vietnam’s accounting standards
• Some fundamentals
• International differences
• Financial statements
• Financial reporting issues